G2E Schedules Main Stage Session on Unified Industry Response to Prediction Markets

The Global Gaming Expo has added a main stage panel on the gaming industry’s response to prediction markets. The session is set for Tuesday, Sept. 29 at 1 p.m. and will be moderated by Bill Miller.

Panel Composition and Objectives

Bill Miller, President and CEO of the American Gaming Association, will lead “A United Front: Confronting Prediction Markets Together.” The panel includes Gwen Mills, President of UNITE HERE, Rodney Butler, Chairman of the Mashantucket Pequot Tribal Nation, and Rep. Steven Horsford of Nevada.

Miller said: “Collaboration both across and beyond the industry is critically important in preserving and protecting the state- and tribal-regulated gaming market, its employees, consumers, and the communities we serve. In the midst of ‘prediction markets’’ brazen encroachment, our panel of leaders will showcase the strength of our unity.” The discussion will cover why unity matters, alignment of legal, political and public policy strategies, and potential collective action. As detailed in reporting by Indian Gaming, prediction markets represent one of the most significant challenges facing state and tribal gaming amid ongoing litigation and jurisdictional debates.

Stakeholder Positions on Regulatory and Economic Risks

Mills said: “UNITE HERE, the tribal gaming industry, and the commercial gaming industry are standing side-by-side in a campaign to end illegal prediction market gambling. This is a pivotal moment to come together as a coalition to face an unprecedented challenge. Prediction markets are threatening the livelihoods of casino workers throughout the country. Our members are casino housekeepers, bartenders, servers, cooks, and dishwashers. Together with responsible gaming employers, we have built a union standard with high wages, access to affordable health insurance, and the ability to retire with dignity. We are now united for a common goal – upholding tribal, state, and federal law and protecting jobs.”

Horsford said: “Nevada set the gold standard for gaming regulations. Prediction markets are gambling dressed up as innovation. They are exploiting our youth, threatening Nevada’s hospitality jobs, and gutting the integrity that keeps the gaming industry honest. That’s exactly why Nevada fought back.” He referenced his bipartisan Prediction Markets Are Gambling Act, which targets federally regulated trading platforms that present sports betting and casino-style gambling as financial products. The session joins previously announced main stage events that include Miller’s keynote, a CEO panel moderated by CNBC’s Contessa Brewer, and a discussion with Wayne Gretzky and BetMGM’s Adam Greenblatt.

Reporting: Indian Gaming

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